E18-4 Vertical analysis of a balance sheet [10–15 min] Beta Graphics Pty Ltd has the following data: BETA GRAPHICS PTY LTD Comparative balance sheet as at 31 December 2016 and 2015 2016 2015 Assets Total current assets $ 42 750 $ 59 000 Property, plant and equipment, net 208 335 215 000 Other assets 33 915 35 500 Total assets $285 000 $309 500 Liabilities Total current liabilities $ 49 020 $ 50 100 Long-term debt 109 155 102 300 Total liabilities $158 175 $152 400 Shareholders' equity Total shareholders' equity Total liabilities and shareholders' equity 126 825 157 100 $285 000 $309 500 Requirement Perform a vertical analysis of Beta's balance sheet for each year.
E18-4 Vertical analysis of a balance sheet [10–15 min] Beta Graphics Pty Ltd has the following data: BETA GRAPHICS PTY LTD Comparative balance sheet as at 31 December 2016 and 2015 2016 2015 Assets Total current assets $ 42 750 $ 59 000 Property, plant and equipment, net 208 335 215 000 Other assets 33 915 35 500 Total assets $285 000 $309 500 Liabilities Total current liabilities $ 49 020 $ 50 100 Long-term debt 109 155 102 300 Total liabilities $158 175 $152 400 Shareholders' equity Total shareholders' equity Total liabilities and shareholders' equity 126 825 157 100 $285 000 $309 500 Requirement Perform a vertical analysis of Beta's balance sheet for each year.
Survey of Accounting (Accounting I)
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ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter9: Metric-analysis Of Financial Statements
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Problem 9.4.10P: Twenty metrics of liquidity, solvency, and profitability The comparative financial statements of...
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![E18-4 Vertical analysis of a balance sheet [10-15 min]
Beta Graphics Pty Ltd has the following data:
BETA GRAPHICS PTY LTD
Comparative balance sheet
as at 31 December 2016 and 2015
2016
2015
Assets
Total current assets
$ 42 750
$ 59 000
Property, plant and equipment, net
208 335
215 000
Other assets
33 915
35 500
Total assets
$285 000
$309 500
Liabilities
$ 50 100
102 300
$152 400
Total current liabilities
$ 49 020
Long-term debt
Total liabilities
109 155
$158 175
Shareholders' equity
Total shareholders' equity
Total liabilities and shareholders' equity
126 825
157 100
$285 000
$309 500
Requirement
Perform a vertical analysis of Beta's balance sheet for each year.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F9d6686f0-24e3-43de-bc21-a827730605bb%2Ffe25498e-8805-4e86-8e35-450d4443cfc1%2F2wbb8og_processed.png&w=3840&q=75)
Transcribed Image Text:E18-4 Vertical analysis of a balance sheet [10-15 min]
Beta Graphics Pty Ltd has the following data:
BETA GRAPHICS PTY LTD
Comparative balance sheet
as at 31 December 2016 and 2015
2016
2015
Assets
Total current assets
$ 42 750
$ 59 000
Property, plant and equipment, net
208 335
215 000
Other assets
33 915
35 500
Total assets
$285 000
$309 500
Liabilities
$ 50 100
102 300
$152 400
Total current liabilities
$ 49 020
Long-term debt
Total liabilities
109 155
$158 175
Shareholders' equity
Total shareholders' equity
Total liabilities and shareholders' equity
126 825
157 100
$285 000
$309 500
Requirement
Perform a vertical analysis of Beta's balance sheet for each year.
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